As Middle Eastern markets navigate the turbulence of global trade tensions and fluctuating oil profits, investors are keenly observing how these dynamics impact regional indices. In this environment, dividend stocks offer a potential avenue for stability and income, making them an attractive option for those looking to balance risk with reliable returns.

Top 10 Dividend Stocks In The Middle East

Click here to see the full list of 61 stocks from our Top Middle Eastern Dividend Stocks screener.

Below we spotlight a couple of our favorites from our exclusive screener.

Çelebi Hava Servisi

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Çelebi Hava Servisi A.S. offers ground handling, cargo, and warehouse services to both domestic and international airlines as well as private air cargo companies, primarily in Turkey, with a market cap of TRY50.18 billion.

Operations: Çelebi Hava Servisi A.S. generates revenue through its Airport Ground Services, including ground handling services, amounting to TRY11.33 billion and Cargo and Warehouse Services totaling TRY5.90 billion.

Dividend Yield: 3.1%

Çelebi Hava Servisi's dividend payments are well-covered by both earnings and cash flows, with payout ratios of 52.3% and 51.3%, respectively. The company offers a competitive dividend yield of 3.05%, ranking in the top 25% within the Turkish market. However, despite recent growth in dividends, its track record is less than a decade old and has shown volatility with annual drops over 20%, making it somewhat unreliable for consistent income seekers.

• Click to explore a detailed breakdown of our findings in Çelebi Hava Servisi's dividend report.
• Insights from our recent valuation report point to the potential overvaluation of Çelebi Hava Servisi shares in the market.

Mavi Giyim Sanayi ve Ticaret

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Mavi Giyim Sanayi ve Ticaret A.S. operates in the wholesale and retail sectors, specializing in ready-to-wear denim apparel for men, women, and children, with a market cap of TRY27.43 billion.

Operations: Mavi Giyim Sanayi ve Ticaret A.S. generates revenue primarily from its apparel segment, amounting to TRY27.44 billion.

Dividend Yield: 3.1%

Mavi Giyim Sanayi ve Ticaret's dividend payments are well-supported by earnings and cash flows, with payout ratios of 44.3% and 30.2%, respectively. Despite a relatively short four-year history of dividend payments, the yield stands at 3.08%, placing it among the top payers in Turkey. The company trades at a favorable price-to-earnings ratio of 14.4x compared to the market average, though its dividends have not yet established long-term reliability for investors seeking consistent income.

• Take a closer look at Mavi Giyim Sanayi ve Ticaret's potential here in our dividend report.
• Our valuation report here indicates Mavi Giyim Sanayi ve Ticaret may be undervalued.

Bank Hapoalim B.M

Simply Wall St Dividend Rating: ★★★★☆☆

Overview: Bank Hapoalim B.M., along with its subsidiaries, offers a range of banking and financial products and services both in Israel and internationally, with a market capitalization of ₪66.54 billion.

Operations: Bank Hapoalim B.M. generates revenue through its diverse offerings of banking and financial services across domestic and international markets.

Dividend Yield: 3.4%

Bank Hapoalim B.M.'s dividend payments, covered by a low payout ratio of 29.2%, have been volatile and unreliable over the past decade, with significant annual drops. Despite this instability, dividends are expected to remain covered by earnings in three years at a 50% payout ratio. The bank's recent net income for 2024 was ILS 7.64 billion, up from ILS 7.36 billion in the previous year, indicating ongoing profitability that could support future dividends despite current yield being lower than top-tier payers in Israel.

• Delve into the full analysis dividend report here for a deeper understanding of Bank Hapoalim B.M.
• The analysis detailed in our Bank Hapoalim B.M valuation report hints at an deflated share price compared to its estimated value.

Turning Ideas Into Actions

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Companies discussed in this article include IBSE:CLEBI IBSE:MAVI and TASE:POLI.

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